News Headlines Article

VA aims for $500 million Mission Bay hospital
San Francisco Business Times

The VA Medical Center is looking to form a public-private partnership to fund a $500 million hospital and research facility in Mission Bay. The facility, which could be built on land Salesforce or UCSF owns, would replace the VA Medical Center’s bucolic but cramped and outdated home near the Golden Gate. The need to fund a new VA facility through a public-private partnership is being driven by the fact that the Veterans Administration has very little money allocated for major capital improvements — just $1 billion for major and minor capital projects at 153 medical centers across the country.